United Community Banks, Inc. Declares Cash Dividend
United Community Banks, Inc. (NYSE: UCB) has recently made an exciting announcement. The company's Board of Directors has approved a quarterly cash dividend of $0.24 per share on the common stock. This dividend is a reflection of United's strong performance and commitment to returning value to its shareholders.
Details of the Cash Dividend
The cash dividend is set to be payable on April 4, 2025. To benefit from this dividend, shareholders must be on record by March 14, 2025. This timely announcement is sure to be welcomed by shareholders as it highlights the company's ongoing financial stability and growth.
About United Community Banks, Inc.
United Community Banks, Inc. (NYSE: UCB) operates as a financial holding company for United Community, which ranks among the top 100 financial institutions in the U.S. United is deeply committed to enhancing the financial health and well-being of its customers, as well as the communities in which it operates.
Comprehensive Financial Services
With a diverse range of offerings, United Community provides banking, wealth management, and mortgage services, ensuring that customers have access to the tools they need for financial success. As of the end of last year, the organization boasts impressive assets of $27.7 billion and operates 199 offices across various states, including Alabama, Florida, Georgia, North Carolina, South Carolina, and Tennessee. Furthermore, United also has a national SBA lending franchise and an equipment lending subsidiary, broadening its services to meet various customer needs.
A Commitment to Customer Satisfaction
United Community has consistently excelled in customer satisfaction metrics. In 2024, the bank was recognized for its outstanding service, winning the J.D. Power award for the best customer satisfaction among consumer banks in the Southeast for the tenth time. Furthermore, it was heralded as the most trusted bank in that same region, highlighting its strong reputation among retail customers.
Recognition and Awards
In addition to consumer accolades, United Community was also named by American Banker as one of the "Best Banks to Work For" for the eighth consecutive year. These accolades reflect the company’s dedication to not only its customers but also its employees. The bank received fifteen awards in the prestigious Greenwich Excellence and Best Brands Awards, which included national recognition for overall satisfaction in both small business banking and middle-market banking. Forbes has equally acknowledged United Community's standing, including it among the World’s Best Banks and America’s Best Banks.
Contact Information
For those seeking more details regarding United Community Banks, Inc. or its financial services, here is the contact information:
Jefferson Harralson
Chief Financial Officer
(864) 240-6208
Email: Jefferson_Harralson@ucbi.com
Frequently Asked Questions
What is the cash dividend declared by United Community Banks, Inc.?
The cash dividend announced is $0.24 per share on common stock.
When is the cash dividend payable?
The dividend is payable on April 4, 2025.
What are the record date requirements for the dividend?
Shareholders must be on record by March 14, 2025, to receive the dividend.
What financial services does United Community offer?
United Community offers a full range of banking, wealth management, and mortgage services.
How has United Community performed in customer satisfaction rankings?
United has won multiple awards for customer satisfaction and is recognized as one of the most trusted banks in the Southeast.
